The National Institution for Transforming India (NITI) Aayog in partnership with Piramal Foundationlaunched virtually the‘Surakshit Dada-Dadi & Nana-Nani Abhiyan’campaign to ensure the well-being of senior citizens during the COVID-19 pandemic.

Banking

‘Vikas Abhaya’—By Karnataka Vikas Grameena Bank

Karnataka Vikas Grameena Bank(KVGB) which is a regional rural bank has launched ‘Vikas Abhaya’ a loan scheme to provide some relief to Micro, Small, and Medium Enterprise(MSME) borrowers.

The loan scheme is launched for those borrowers whose business activities are disrupted because of the COVID-19 pandemic in Dharwad, Karnataka.

RBI Extends Regulatory Benefits under SLF-MF Scheme

The Reserve Bank of India (RBI) extended the regulatory benefits announced under the special liquidity facility for mutual funds (SLF-MF) scheme to all banks, irrespective of whether they avail funding from RBI or deploy their own resources under the scheme.

RBI cancels License of CKP Co-Operative Bank Ltd., Mumbai

The Reserve Bank of India (RBI) canceled the license of CKP Co-operative Bank Ltd., Mumbai, to carry on banking business, with effect from April 30, 2020.

The bank is prohibited from the business of ‘banking’ including acceptance and repayment of deposits.

MOUs Signed

CSIR-IGIB Signs MoU with TATA Sons—To License KNOWHOW for FELUDA

CSIR-Institute of Genomics and Integrative Biology (CSIR-IGIB) and TATA Sons signed an MoU for licensing of KNOWHOW for FNCAS9 Editor Linked Uniform Detection Assay (FELUDA) for rapid diagnosis of COVID-19.

Government Schemes

‘Jeevan Amrit Yojana’---By Madhya Pradesh

Madhya Pradesh government has launched Jeevan Amrit Yojana, a unique scheme to boost the immunity system of citizens of the state in order to fight novel coronavirus.

The packets of 50 grams to about 1 crore families will be distributed under this yojana.

Free Health Insurance Scheme--By Maharashtra Govt

Maharashtra Government to grant free health insurance scheme to all citizens.

By granting free health insurance scheme to all citizens, Maharashtra Govt has become the first state in India to do this.

Mukhya Mantri Shahari Rojgar Guarantee Yojna—By Himachal Pradesh

The Himachal Pradesh (HP) state government has decided to launch an employment guarantee scheme called “Mukhya Mantri ShahariRojgar Guarantee Yojna” with an aim to improve the economy of the state affected by the Coronavirus.

The Yojna will provide 120 days of employment to those living in urban areas.

‘Nigah Scheme’---By Himachal Pradesh

The Himachal Pradesh government has launched Nigah Scheme.

The scheme has been launched to properly sensitize and educate family members of people coming from other states so that social distancing is effectively maintained.

Defence

Operation Samudra Setu—By Indian Navy

Indian Navy launched Operation Samudra Setu.

The Operation Samudra Setu means Sea Bridge.

Science and Technology

‘ATULYA’ a Microwave Sterilizer--By DRDO and DIAT, Pune

Defense Institute of Advanced Technology, Pune, a deemed university supported by Defence Research and Development Organisation (DRDO) has developed a microwave sterilizer named ‘ATULYA’ to disintegrate coronavirus.

YASH Programme—By NCSTC and DST

YASH is a program on health and risk communication with a focus on COVID-19.

'Bharatmarket'—By Confederation of All India Traders (CAIT)

Confederation of All India Traders (CAIT) has decided to launch 'Bharatmarket' which is a national e-commerce marketplace.

'Bharatmarket' will be used for all retail traders in collaboration with several technology partners.

A Survey on R&D Statistics and Indicators 2019-20

A survey on Research and Development (R&D) Statistics and Indicators 2019-20 was conducted by the National Science and Technology Management Information (NSTMIS), Department of Science and Technology (DST).

As per the survey, India ranks 3rd among countries in a scientific publication.

About me

My name is Ramandeep Singh. I authored the Quantitative Aptitude Made Easy book. I have been providing online courses and free study material for RBI Grade B, NABARD Grade A, SEBI Grade A and Specialist Officer exams since 2013.